My Bitcoin Harmonic Indicator (blue), currently in alpha testing, is overlaid on the BTCUSD chart. It’s impressive how closely Bitcoin’s price movements align with this Mass Pressure Index. Below is some additional information about this indicator.
Keep in mind, this indicator doesn’t predict prices. It’s just an overlay that can be misleading since it doesn’t factor in any price data. The Mass Pressure Index simply tracks the ups and downs of planetary cycles on a 1-hour chart. These cycles can invert.
Only when time is up the price may change. Time is more important than Price. A foldback scenario from recent crest may give additional information about possible direction in time. Such scenario could cease to function at any time. 🌌
The indicator's amplitude does not forecast Bitcoin prices. While the amplitude may offer insights into the significance of current cycles, this information is based on past amplitudes and may not accurately represent future conditions. ⚠️
Knowing about potential shifts in planetary energies might provide an unfair advantage.However, cycles can contract (shorten), extend (lengthen), or invert (change direction). Anomalies may occur. On inversion, just invert scale of the blue indicator.
Always confirm forecasts with additional indicators and market information to ensure thorough analysis and reduce risks. Effectiveness may vary over time, so don't rely solely on this harmonic or Mass Pressure indicator. Never trade without a stop loss. No advice. 🔄
Using planetary cycles alongside traditional technical analysis may provide an edge. Integrate these with trading skills and risk management for a strong strategy. Note: The harmonic indicator isn't trading advice. Learn more from a similar indicator: tinyurl.com/ytr8v459